Show CITY AND STREET RAIL V A YS AGREE Chicago Traction Companies Will Wi Improve Service and Reduce Fares Chlea Chicago o. o Oct Oct TIme 25 G. G he Tho Chicago City Cl railway and und Union Traction companies com corn panics panic which control most of tIme the local street car lines have havo practically I agreed tho the city clY on omi terms for the Iho tho und and rehabilitation of or tho the dilapidated and amid obsolete service here Time The proposition takes the form Corm ol of olan an un ordinance submitted by tho time traction c companies lo to time the city today loday While some minor ehan changes es must be bo mado made to tos municipal administration time the s suit tho ho is In Iti time Iho maui main mall satisfactory and amid the alterations are alO not of or a character character character char char- acter to which the Iho car cur companies are arc arol l likely ely to lo object Time Tho ho companies pl pledge ge themselves to lo spend pend on improvements after afler time the beginning within sixty days as a's ordinance is passed Of or this sum 5 Is lo tu be devoted to lo the lie con- con of oC a subway In the Iho business district kt made Improvements are to be Tho rho board of under the direction of a three engineers to be he chosen by tho thio city 1 Fare offer to mako such The rime companies com panics m ko reductions In fares fames as ns tho time ct city may make a tho tIme city su suggest cst provided corresponding reduction In the Iho amount of Its percentage from the companies Provision Is is also male made for or tho the surrender surrender der of the lie system y tem to time the city on payment payment pay pay- value of the Iho roads ment meat of the pr present plus future expenditures for Improve i meats ments ments Practically r the only oni points remaining remaining remain remain- ing lug to bo ho settled are time Iho present nt value ot 01 the road and amid the tho rate rte of compensation tion lot to be bo pa paid paki 1 to the cl city r. r While hlo th there re rehI Lon difference of opinion on c Is Ia sonic some om points the disputants are tru not liot far apart mind and an early agreement Is It expected I |